Global Air Defence System Industry was valued at USD 30.40 Billion in the year 2017. Global Air Defence System Industry is further estimated to grow at a CAGR of 6.70% from 2018 to reach USD 91.14 billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level China, Japan and India are projected to grow at a strongly in the coming years. Due to conflicts between nations and growing terrorism.

Major market players in Air Defence System Industry are Key Industry Players Thales Group, BAE Systems PLC, Saab AB, Lockheed Martin Corporation, Boeing, Israel Aerospace Industries Ltd., Leonardo S.P.A., Hanwha Corporation, Northrop Grumman Corporation, Rheinmetall AG, MBDA, Aselsan A.S., and other 13 more companies detailed information is provided in research report. Rising research and development expenses to cater changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

SWOT analysis of Air Defence System Industry:Strength: Rising instability between various nations across the globeWeakness: Government grantsOpportunities: Implementation of technology in Air Defence systemThreats: Higher cost and timely maintenance

The major shares of the Industry come from Land type in Global Air Defence System Industry. On the other hand, Long Range Air Defence (LRAD) System, by Component for this Industry is expected to grow at highest CAGR during the year 2018-2025.